Vientiane Times/ANN
Lao banks partner in integrated payment system
VIENTIANE (Vientiane Times/ANN) – The Bank of the Lao PDR (BOL), the country’s central bank, officially launched the new joint venture Lao National Payment Network Co Ltd (LAPNet) in collaboration with seven major banks.The company aims to create a more efficient system of payments and ...
News Desk
New film law will strengthen Laos' movie industry: Culture minister
VIENTIANE (Vientiane Times/ANN) – Laos’ film industry will get a major boost in the coming years after the introduction of the Law on Film, according to the Minister of Information, Culture and Tourism, Prof. Dr Kikeo Khaykhamphithoune.Prof. Dr Kikeo, who assumed the top post at ...
Ekaphone Phouthonesy
Laos' Nam Pha Gnai hydropower plant begins electricity generation
VIENTIANE (Vientiane Times/ANN) – The Nam Pha Gnai hydropower plant in Xaysomboun province has officially begun generating electricity after construction was completed in September.An opening ceremony took place last week in Pha Noi village, Long Chaeng district, Xaysomboun province, attended by Politburo member and Head ...
News Desk
Laos govt, international partners take stock of progress towards development goals
VIENTIANE (Vientiane Times/ANN) – Laos will continue to work towards the Sustainable Development Goals (SDGs) in all sectors as well as intensify capacity building and awareness-raising in the area of climate change.Speaking on Tuesday at the closing ceremony of the Round Table Implementation Meeting 2019, ...
Phetphoxay Sengpaseuth
Govt proposes amendment to Enterprise Bankruptcy Law in Laos
VIENTIANE (Vientiane Times/ANN) – The government has asked the National Assembly to approve an amendment to the Law on Enterprise Bankruptcy, hoping that the change will improve the business climate in Laos.Minister of Justice Mr Xaysy Santivong on Tuesday presented a draft of the revised ...
Ekaphone Phouthonesy
BOL, BOK end banking cooperation programme in Laos
VIENTIANE (Vientiane Times/ANN) – The Bank of the Lao PDR (BOL) and the Bank of Korea (BOK) have agreed to share the outcomes of their seven month-programme – 2019 Bank of Korea-Knowledge Partnership Programme (BOK-KPP) – with interested parties.Following completion of the programme, which began ...
News Desk
Hmong festival celebrated at Pheuksa Garden in Laos
VIENTIANE (Vientiane Times/ANN) – Pheuksa Garden, a famous tourist site, last week organised the annual Vientiane Boun Kinchieng (Hmong) Festival with colourful shows and activities.The festival took place at the garden from November 22 to 24 to promote the culture and traditions of the Hmong ...
News Desk
71 houses damaged in Xayaboury earthquake
VIENTIANE (Vientiane Times/ANN) – The latest estimate of the earthquake damage in Hongsa district, Xayaboury province, puts the number of affected houses at 71, while seven people were injured.According to a report from the Hongsa district office, the earthquakes measuring 6.4 and 5.9 on the ...
Phomphong Laoin
Mekong countries gather in Vientiane to drive community development agenda
VIENTIANE (Vientiane Times/ANN) – Representatives of Mekong countries promoted mutual understanding and shared experiences and best practices at the Lancang-Mekong Seminar on Community-Driven Development held in Vientiane on Friday.The best practices are aimed at strengthening cooperation in the area of community-driven development as an effective ...
News Desk
Laos, Hungary team up to improve food safety
VIENTIANE (Vientiane Times/ANN) – Laos and Hungary signed an agreement last week to further strengthen their cooperation in food safety.The agreement was signed during a visit to Hungary by Deputy Prime Minister Dr Sonexay Siphandone, who is also Minister of Planning and Investment, according to ...
Times Reporters